UAE- World''s heaviest gold ring worth 3 million glitters

Date

10/7/2015 11:00:15 PM

(MENAFN- Khaleej Times)

The world's heaviest gold ring worth about $3 million is on display at the 39th edition of the MidEast Watch & Jewellery Show in Sharjah but it's not for sale.

Made by Taiba Gold & Jewellery of Saudi Arabia the 58.686kg gold ring is studded with 5.17kg of Swarovski stones. It has a certificate from the Guinness Book of World Records and is endorsed by the World Gold Council.

Smaller version of the gold ring is on sale with a price range of Dh1200 to Dh1500 in three colours - white rose gold. The Saudi jeweller has planned to open 1000 showrooms in the next three years in Gulf countries according to its top official.

"At the moment we have 18 shops including 12 in the UAE and our target is to take it to 1000 in the next three years" Rossella sales manager Mazen Hamza told Khaleej Times on the first day of the exhibition.

So it's 27 shops every month and the UAE will get another 6 shops Hamza informed. He declined to provide any investment amount for expansion but said the investment is big and the company is also big as its 50 years old jewellery firm. He informed that the ring was manufactured in Saudi Arabia in 45 days.

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.